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Windmill, the AI Company That Bets on Humans, Raises $12M

Inspired Capital leads the seed round for the company building the context graph for your people — an AI-native system built on a simple bet: the biggest workforce transformation in a generation is a people problem, and HR is the function best equipped to lead it.

NEW YORK, April 28, 2026 — While the AI industry is racing to replace people, Windmill is building the technology to make them irreplaceable.

Windmill, the context graph for your people, today announced an $12M fundraise led by Inspired Capital, with participation from Primary Venture Partners, Founder Collective, and Oceans Ventures. The company has grown to over 100 customers including Kalshi, Rho and Merge, since launching their performance reviews product in November 2025.

“There’s no question that AI tools will transform how we all work,” said Max Shaw, CEO and co-founder at Windmill. “We’re building the infrastructure to make sure that the people don’t get left behind, by giving companies tools to support their people, not replace them”

Why People Matter More, Not Less in the Age of AI

Every company in the world is being restructured around AI. Management layers are disappearing, roles are merging, and entire functions are being redefined by what AI can now do.

As AI gives individuals leverage that used to require entire teams, the value of each person is going up. Every employee is doing more complex, creative, higher-judgment work. Companies are now tasked with managing capability, potential, and the uniquely human skills that AI makes more important by the day.

“I’ve had upwards of 10,000 people come through companies I’ve run,” said Brian Distelburger, co-founder at Windmill. “Talk to any executive and they’ll talk about how important people are. When you drill down a few levels into what they’re doing to make sure they have the right people, in the right roles, working on the right things, there’s not much depth there.”

But most companies have no system for understanding any of it. The knowledge of who’s doing what, who’s growing, who’s underutilized, who elevates the people around them — that lives in the heads of a handful of managers and nowhere else. It’s lossy, biased, and impossible to act on at scale. You can’t ask an AI agent to identify your highest-performing teams, surface bottlenecks, or help you staff the right people on a critical project, because the context doesn’t exist. Companies have a system of record for every asset except the one that matters most.

“Every headline right now is about AI replacing workers. We think that’s the wrong bet. The best organizations of the next decade won’t be the ones that eliminate the most headcount. They’ll be the ones that use AI to build workforces that are continuously supported and developed. Doing so requires new infrastructure, and that’s exactly what Windmill is building. Max, Brian, and Mark have the conviction and the depth to go after this problem the right way, and we’re proud to be on the journey with them.”

— Alexa von Tobel, Managing Partner, Inspired Capital

HR’s Moment

There’s a function that understands org design, talent development, change management, and culture better than anyone else in the building. The AI transformation just handed HR the most strategic mandate in the company: lead the people side of the biggest workforce shift in a generation.

As organizations get flatter and faster, the strategic adjustments companies used to make annually now need to happen more frequently. That means having the right people in the right roles, operating effectively in your specific environment, has never mattered more, and has never been harder to get right.

But you can’t lead a transformation like this with annual surveys and spreadsheets. You need to actually know what’s happening with your people in real time.

What Windmill Is Building

Windmill started with one of the most broken processes in the workplace: performance reviews. It rebuilt the review process to match how modern companies actually work. The platform integrates with Slack, GitHub, Google Workspace, and 30+ other tools where work already happens, so reviews never start from a blank page and are completed 90% faster with 93% employee satisfaction.

AI Performance reviews are just the first proof point. Underneath them is what Windmill calls the context graph — a continuously updated, cited understanding of the workforce:

  1. Peoplewho they are and how they connect
  2. Evidencewhat actually happened
  3. Expectationswhat good looks like
  4. Perspectiveswhat people think

Every insight traces back to a specific Slack thread, pull request, or piece of documentation. “At most companies, the most important context about work and people isn’t captured in one place,” said Shaw. “It’s scattered across apps, notes, conversations, and in the minds of managers. That makes important decisions about people far too dependent on memory and intuition alone. And if you want agents anywhere near those decisions, you first need a systematic way to organize the underlying context. We’re building that layer.”

The context graph is accessible through Windy, Windmill’s AI agent, the Windmill web app, and full MCP and API support, making context about your people available wherever a company needs it.

About Windmill

Windmill is the context graph for your people. A continuous, cited understanding of your workforce that enables HR to lead strategically, managers to see their teams clearly, and every person’s work to speak for itself. It starts with performance reviews that write themselves. Free for up to 10 users. Learn more at gowindmill.com.

SOURCE Windmill

Rox Capital Partners anuncia la venta de Scruggs, plataforma de infraestructura hídrica, a The Sterling Group

La plataforma surgió con la unión de Scruggs y Neil Technical Services (NTS); el equipo de dirección se mantendrá con los nuevos propietarios

AUSTIN, Texas, 28 de abril de 2026 /PRNewswire-HISPANIC PR WIRE/ — Rox Capital Partners (“Rox”), empresa de capital privado con sede en Texas, anunció hoy la venta exitosa de The Scruggs Companies (“Scruggs”) a The Sterling Group (“Sterling”). La empresa fue creada mediante la unión de Scruggs y Neil Technical Services (“NTS”) y es una de las principales proveedoras a nivel regional de soluciones de infraestructura hídrica en el municipio.

Con sede central en Houston, Texas, Scruggs ofrece productos de control de flujo y servicios de mantenimiento que contribuyen a los sistemas municipales hídricos y de aguas residuales en la región sur y el medio oeste de Estados Unidos.

Rox se asoció al equipo de dirección para implementar una estrategia de crecimiento enfocada. Entre las iniciativas se encuentran la ampliación de la oferta de productos de la empresa, el aumento de las capacidades de servicio y la expansión de las operaciones hacia los principales mercados, como los de integración y crecimiento de NTS. Durante el tiempo que fue propiedad de Rox, Scruggs consolidó su posición con clientes municipales y creó una plataforma para un crecimiento continuo.

El actual equipo de dirección, que incluye a miembros importantes de la antigua gerencia de Scruggs y NTS, continuará al frente de la empresa en colaboración con Sterling.

“Nos sentimos orgullosos de lo que han logrado los equipos de Scruggs y NTS, y agradecemos nuestra asociación con la gerencia”, expresó Al Cameron, socio director de Rox Capital Partners. “Esta inversión refleja nuestra estrategia de asociarnos con operadores consolidados con el objetivo de crear empresas líderes en sectores de servicios esenciales. Creemos que la empresa está muy bien posicionada para continuar con el éxito en su próxima etapa con Sterling”.

No se han dado a conocer los términos de la transacción.

Acerca de Rox Capital Partners
Rox Capital Partners es una empresa de capital privado con sede en Texas, centrada en la creación y ampliación de empresas de mercado medio-bajo. Rox colabora con equipos de dirección para impulsar mejoras operativas, acelerar el crecimiento y crear valor a largo plazo en toda su cartera. Para obtener más información, visite www.roxcp.com.

FUENTE Rox Capital Partners

Lighthouse Pharmaceuticals Closes $12 Million Series A Financing Led by Double Point Ventures

NOVATO, Calif., April 28, 2026 — Lighthouse Pharmaceuticals, a clinical-stage biopharmaceutical company developing novel small-molecule therapies for neurodegenerative and inflammatory diseases, today announced the closing of a $12 million Series A financing led by Double Point Ventures, with participation from both new and existing investors.

Proceeds from the financing will support advancement of Lighthouse’s lead program, LHP588, and continued pipeline expansion. Lighthouse is currently conducting the SPRING clinical trial, a Phase 2 study evaluating LHP588 in patients with P. gingivalis-positive mild to moderate Alzheimer’s disease. The trial is also supported by a $49.2 million grant from the National Institute on Aging (NIA), part of the National Institutes of Health (NIH).

“Lighthouse is advancing a differentiated approach based on compelling scientific and clinical data. This financing, together with the support from the NIA, gives Lighthouse the resources to efficiently execute the SPRING trial and advance LHP588 toward late-stage development,” said Casey Lynch, Chief Executive Officer of Lighthouse Pharmaceuticals. “By targeting a defined subset of Alzheimer’s disease, we aim to bring a more precise and effective therapeutic approach to patients.”

In connection with the financing, Campbell Murray, M.D., partner at Double Point Ventures, will join Lighthouse’s Board of Directors. Dr. Murray brings deep experience in life sciences investing, company building, and clinical-stage development strategy.

“Lighthouse is pursuing a distinctive and focused approach in Alzheimer’s disease,” said Campbell Murray. “With LHP588, the company is targeting an important and underexplored biological driver in a defined patient population. We believe the SPRING trial has the potential to generate clinically meaningful data and to further establish Lighthouse as an innovative company in neurodegeneration.”

The SPRING trial is a double-blind placebo-controlled study evaluating LHP588, an oral, once-daily small-molecule therapy targeting P. gingivalis, a bacterium associated with periodontal disease and increasingly implicated in Alzheimer’s disease pathogenesis and progression. The trial is currently enrolling participants across the United States. Additional information is available at www.springclinicaltrial.com.

About Lighthouse Pharmaceuticals

Lighthouse Pharmaceuticals is a clinical-stage biopharmaceutical company developing novel small-molecule therapeutics for chronic neurodegenerative and inflammatory diseases. The company’s lead clinical program is focused on Alzheimer’s disease, including the ongoing SPRING clinical trial. For more information, visit www.lighthousepharma.com.

Research reported in this release is supported by the National Institute on Aging of the National Institutes of Health under Award Number R01AG088524. The content is solely the responsibility of the authors and does not necessarily represent the official views of the National Institutes of Health.

Media Contact: [email protected]

SOURCE Lighthouse Pharmaceuticals

Northwestern Mutual Announces $150 Million Venture Capital Commitment to Accelerate Fintech Innovation

MILWAUKEE, April 27, 2026 — Northwestern Mutual is taking another significant step to drive innovation in the financial services industry, announcing a new $150 million investment to support promising startups across the fintech and insurtech landscape. Awarded through Northwestern Mutual Future Ventures (NMFV), the funds will expand the company’s total venture capital allocation to $350 million – deepening its commitment to elevating the experience for clients and the advisors who guide them.

“This renewed commitment reinforces our belief in the power of innovation, and the exciting startups helping to transform how Americans achieve financial security,” said Michael Sias, vice president – corporate development and venture, Northwestern Mutual. “The funds expand our ability to partner with high-growth companies, delivering technology, collaboration, and value to our more than five million clients and our nationwide network of trusted financial professionals.”

The $150 million infusion to NMFV – known as Fund III – will target emerging and growth-stage firms in the fintech and insurtech space. The investments will enable Northwestern Mutual to forge new partnerships that enhance technology capabilities designed to strengthen client and advisor relationships. Fund III will also provide follow-on capital to propel portfolio companies through scaling and marketing expansion.

Since its inception in 2017 with a $50 million Fund I, NMFV has invested in more than 50 companies. In 2019, it launched Fund II, a $150 million vehicle with additional reserve capital, to enable strategic follow‑on support. NMFV pairs capital with strategic partnership, accelerating portfolio growth and, in some cases, enabling pilots and deployments of innovative solutions within Northwestern Mutual.

A standout from NMFV’s portfolio is fintech company Chime, which celebrated its landmark IPO in June 2025.

Among NMFV’s newest strategic partners is Levitate, an AI-driven relationship-marketing platform led by Jesse Lipson, founder of ShareFile (acquired by Citrix in 2011). Levitate is designed to seamlessly integrate with email, survey, and CRM workflows, automating routine tasks to boost operational efficiency and free teams to focus on strategic priorities.

For more information, visit www.nmfutureventures.com.

About Northwestern Mutual  

Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With more than $780 billion of total assets1 managed across the company’s institutional portfolio as well as retail investment client portfolios, more than $40 billion in revenues, and $2.5 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life insurance, disability income insurance, long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 109 on the 2025 FORTUNE 500 and was recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2026.   

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.

1 Includes investments and separate account assets of Northwestern Mutual as well as retail investment assets held or managed for clients.

SOURCE Northwestern Mutual

Match Group Invests $100 Million in Fast-Growing Platform Sniffies for GBTQ Men

Minority investment with path to full ownership underscores strong conviction in one of the category’s largest segments

LOS ANGELES, April 27, 2026 — Match Group (NASDAQ: MTCH) today announced a $100 million investment in Sniffies, a cruising map and fast-growing platform serving non-heterosexual men. The investment represents a significant minority ownership stake and includes the option to acquire the remaining equity in the future.

This reflects Match Group’s focus on backing platforms with strong product-market fit that are authentic to their audience. The company has applied this approach in prior investments, including Hinge, where it first invested in 2017 before acquiring the business in late 2018, and now with its investment in Sniffies. Sniffies will continue to operate independently and remain founder-led, with Match Group supporting the team’s vision and growth.

“From the first time I met the Sniffies team a year ago, it was clear they had a deep understanding of their users and a strong point of view on how its community actually connects – in a way that’s honest and unapologetic,” said Spencer Rascoff, Chief Executive Officer of Match Group. “That conviction has only strengthened over time as we’ve seen how thoughtfully they’ve built the product. There’s also clear and growing demand in this space, and Sniffies feels genuinely different and authentic to its audience. We’re excited to support the founders as they continue to build on their vision.”

Sniffies has grown to an estimated 3 million monthly active users globally, with over 20 million messages sent daily. Its real-time, map-based experience offers a more dynamic way for men to discover and connect with other men, reflecting evolving user behavior and a growing demand for more flexible, low-pressure interactions.

“This investment allows us to keep building for our community while staying true to what makes Sniffies unique,” said Blake Gallagher, Founder and CEO of Sniffies. “From day one, our focus has been on creating a product that reflects what our users are looking for, and that won’t change. With Match Group’s support, we can move faster on improving the product and expanding our network, while continuing to invest in Trust & Safety and giving our users more of what they’re looking for.”

About Match Group
Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, BLK®, HER®, and more, each built to increase our users’ likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.

About Sniffies
Sniffies is a map-based cruising platform that brings the spontaneous energy of queer meetup culture into the digital age. Built for immediacy, Sniffies connects you instantly with what you want, when you want it. The interactive map turns cruising into a real-time experience by prioritizing proximity and intent, helping cruisers scroll less and connect more. Beyond the platform, Sniffies has grown into a cultural movement, spanning sought-after apparel, global events, and original content like the award-winning Cruising Confessions podcast.

Wolfson Partners LLC served as the financial advisor to Sniffies.

SOURCE Match Group

Rox Capital Partners Announces Sale of Water Infrastructure Platform Scruggs to The Sterling Group

Platform formed through the combination of Scruggs and Neil Technical Services (NTS); management team to continue under new ownership

AUSTIN, Texas, April 27, 2026 /PRNewswire-HISPANIC PR WIRE/ — Rox Capital Partners (“Rox”), a Texas-based private equity firm, today announced the successful sale of The Scruggs Companies (“Scruggs”) to The Sterling Group (“Sterling”). The company was formed through the combination of Scruggs and Neil Technical Services (“NTS”) and is a leading regional provider of municipal water infrastructure solutions.

Headquartered in Houston, Texas, Scruggs provides flow control products and maintenance services that support municipal water and wastewater systems across the Southern and Midwestern United States.

Rox partnered with management to execute a focused growth strategy. Initiatives included expanding the company’s product offering, enhancing service capabilities, and scaling operations across core markets, including the integration and growth of NTS. During Rox’s ownership, Scruggs strengthened its position with municipal customers and built a platform for continued growth.

The existing leadership team, including key members of legacy Scruggs and NTS management, will continue to lead the business in partnership with Sterling.

“We are proud of what the Scruggs and NTS teams have accomplished and grateful for our partnership with management,” said Al Cameron, Managing Partner at Rox Capital Partners. “This investment reflects our strategy of partnering with strong operators to build leading businesses in essential service sectors. We believe the company is well positioned for continued success in its next chapter with Sterling.”

Terms of the transaction were not disclosed.

About Rox Capital Partners
Rox Capital Partners is a Texas-based private equity firm focused on building and scaling lower middle market businesses. Rox partners with management teams to drive operational improvements, accelerate growth, and create long-term value across its portfolio. For more information, please visit www.roxcp.com.

SOURCE Rox Capital Partners

Four Pillars Secures Series A Led by Pantera Capital to Expand as a ‘Web3 Solution Company’

  • Secures KRW 30 Billion (USD 20 Million) Valuation with Pantera Capital as Lead and Further Ventures as Anchor Investor
  • Transitioning from Research to a Comprehensive Solutions Partner across Research, Institution, and Validated Units
  • Strengthening Infrastructure to Bridge Structural Gaps Between Asia-Global and TradFi-Web3 Markets

SEOUL, South Korea, April 27, 2026 — Four Pillars, a blockchain research and technology company co-founded by Namwoong Kim, Jaehwan Jung, Heechang Kang, and Jinsol Bok, announced today at a press conference held in Gangnam, Seoul, that it has secured a Series A investment led by global investment firm Pantera Capital, with Further Ventures participating as the anchor investor.

Pantera Capital, the world’s first institutional asset manager focused on digital assets, led the round, while Further Ventures — backed by Abu Dhabi sovereign wealth fund ADQ — joined as the anchor investor. Through this round, Four Pillars achieved an official post-money valuation of approximately KRW 30 billion (USD 20 million), demonstrating strong validation of its growth potential from leading global institutional investors.

“This investment represents more than capital; it reflects the data-driven trust we have built in the global market over the past three years,” said Namwoong Kim, CEO of Four Pillars. “It is especially meaningful to announce this milestone at Episode Gangnam — the symbolic location where our founding team first envisioned the company — as we take a significant step toward becoming a comprehensive Web3 solution partner.”

A representative from Pantera Capital commented, “Four Pillars is a well-balanced team of four co-founders, each bringing deep expertise across research, technology, strategy, and operations. Their multilingual research has already set a benchmark for technical credibility in the global market while helping reduce regional information asymmetry. The infrastructure they are building on top of this foundation has the potential to become a key driver of on-chain ecosystem expansion.”

Rebranding: Transition to a Web3 Solutions Company

Following the investment, Four Pillars is officially rebranding as a “Web3 Solutions Company,” marking a strategic shift from a research-focused organization to a full-stack infrastructure and solutions partner. The transition reflects the company’s view that the blockchain industry has entered a phase where real-world value creation is becoming more important than early-stage experimentation, and where structural inefficiencies continue to limit market development. To address these issues, the company has defined three strategic approaches: connecting Asia with global markets by acting as a trust-based interface (Bridge), bridging the gap between traditional finance and Web3 through specialized collaboration models (Translate), and scaling beyond research into a provider of tangible infrastructure and product execution (Expand).

Three Integrated Business Pillars: Research, Institution, and Validated

Moving forward, the company will center its operations around three core business pillars: Research, Institution, and Validated. The Research unit will continue to deliver global-standard technical analysis, while the Institution unit provides advisory services and seminars tailored for enterprises and institutional investors. The Validated unit, representing the company’s infrastructure arm, operates institutional-grade validator services led by veteran engineers with prior experience at leading blockchain organizations such as A41 and Lambda256.

In particular, as regulatory developments accelerate in areas such as KRW-based stablecoins and tokenization of traditional assets (including real estate, bonds, and funds), Four Pillars aims to strengthen its role as an infrastructure partner. The company seeks to enable institutions to integrate Web3 infrastructure into real-world financial services, facilitating meaningful collaboration between traditional finance and the decentralized ecosystem. Jaehwan Jung, Head of Validator at Four Pillars, emphasized that research has always served as a means of proving capability rather than an end in itself. He stated that as the crypto market enters a phase where execution defines success, the company will grow by organically connecting research, institutions, and infrastructure to deliver real value in the global market. 

Founded in 2023, Four Pillars currently holds a team of 10+ world-class researchers and over 600 research reports. Its infrastructure arm, Validated, consists of five veteran engineers with node operation experience at firms such as A41 and Lambda256, managing operations within SOC 2 and ISO-certified environments to ensure the highest standards of reliability.

About Four Pillars

Four Pillars is a Seoul-based blockchain research and technology company providing multi-lingual research, protocol strategy consulting, institutional networking, and validator infrastructure services. Over the past three years, the company has built a reputation as a trusted partner connecting Asia and the global blockchain ecosystem through over 100 collaborations and more than 600 research publications.

About Pantera Capital

Founded in San Francisco in 2013, Pantera Capital is the first institutional asset manager focused exclusively on digital assets. It operates a broad investment portfolio across the blockchain ecosystem and is widely recognized as a leading global Web3 venture capital firm.

About Further Ventures

Founded in Abu Dhabi in 2021, Further Ventures is a global venture capital firm backed by the Abu Dhabi sovereign wealth fund ADQ. The firm focuses on building institutional-grade digital asset infrastructure through strategic investments at the intersection of fintech and Web3.

SOURCE Four Pillars

Fathom Therapeutics, Formerly Atommap, Raises $47 Million in Oversubscribed Series A Financing to Translate Physics and AI-Enabled Small Molecule Design into Next-Generation Medicines

Financing led by Sutter Hill Ventures; company names new Chief Business Officer, adds independent board member, and establishes Scientific Advisory Board

NEW YORK, April 27, 2026 — Fathom Therapeutics, formerly Atommap Corp., a company that uses quantum chemistry and AI to design novel drug molecules by predicting their behavior inside living cells, today announced an oversubscribed $47 million Series A financing. Sutter Hill Ventures led the round, with participation from Chemistry, Alexandria Venture Investments, and Empire State Development’s NY Ventures, among others.

Microcosmos, the company’s drug design engine, uses proprietary algorithms to simulate protein motion at atomic resolution, generating data on dynamic behavior that has been difficult to capture at scale. These algorithms accelerate modeling of protein dynamics by 10,000x without compromising accuracy. The simulations, based on physics, enable generative design of small molecules that reshape protein behavior for the desired therapeutic effect.

“Current drug discovery efforts are limited by reliance on static structures of isolated proteins,” said Huafeng Xu, PhD, Co-Founder and CEO of Fathom Therapeutics. “Microcosmos is a world model of drugs in living cells that surpasses these limitations by translating accurate quantum mechanical calculations to measurable cellular outcomes.”

Microcosmos has demonstrated significant early momentum in guiding the discovery and optimization of molecules for multiple classes of targets and small molecule modalities. In one case, the Fathom discovery team used Microcosmos to generate novel degraders against an “undruggable” target. Within six weeks, the platform produced potent, highly selective candidates that are now being optimized for advancement into the clinic to address a major unmet medical need.

“We backed Huafeng because he wanted to rethink how machines understand molecules, combining the best of physics and machine learning to actually move the frontier in computational drug design,” said Keith Loebner, Managing Director at Sutter Hill Ventures.

“He and the world-class team he’s assembled have demonstrated that their approach not only works, but works better than we imagined. We’re proud to lead this round, turning Fathom’s field-defining molecular design capability into new medicines for patients.” Founded in 1962, Sutter Hill Ventures’ previous investments include NVIDIA, Snowflake, Pure Storage, Corcept Therapeutics, GRAIL, and Forty Seven.

The new funding will accelerate the scaling of Fathom’s lab-in-the-loop capabilities and the expansion of internal discovery programs in high-impact diseases. The company’s leadership has collectively advanced 19 drugs to the clinic, including seven FDA-approved medicines. Fathom has an active pipeline and multiple external discovery partnerships.

“We started Fathom to build a flywheel for new small molecule medicines that previously seemed impossible,” said Dr. Xu.

Fathom’s two other co-founders, Jesús Izaguirre, PhD, previously at Roivant Discovery and Silicon Therapeutics, and Yujie Wu, PhD, previously at Roivant Discovery and Schrödinger, are pioneers in building molecular models for drug discovery.

“Fathom stood out to us as a company tackling one of the most ambitious and technically difficult challenges in biotech — already showing the real ability to translate computational results into molecules with promising therapeutic profiles,” said Ethan Kurzweil, Co-Founder and Managing Partner, Chemistry. “We’re excited to back Fathom as they work to build medicines that would be impossible to create any other way.”

New Appointments

Alongside the financing, Fathom announced two additions to its leadership.

Mandana Honu, PhD, has joined as Chief Business Officer. Dr. Honu is a strategic advisor to Sutter Hill Ventures and previously held roles as Head of Business Development at Protillion Biosciences, Chief Scientific Officer at Kaleidoscope Bio, and Head of Scientific Assessments and Corporate Business Development at Resilience.

Diala Ezzeddine, PhD, a seasoned biotech entrepreneur and executive, has joined the board of directors. Dr. Ezzeddine brings over 20 years of experience in founding and scaling biotech companies at the cutting edge of drug discovery innovation, including X-Chem Pharmaceuticals and Magnet Biomedicine.

Scientific Advisory Board

Fathom has established a Scientific Advisory Board (SAB) to guide the company’s drug design strategy and pipeline development. Members include Ian Taylor, PhD (former Chief Scientific Officer of Arvinas); Dimitris Agrafiotis, PhD, FRSC (Director at Arsenal Capital Partners, formerly Chief Information Officer Novartis Institutes for BioMedical Research and Chief Digital Officer at Generate Biomedicines); and Bruce Zetter, PhD (Professor of Cancer Biology at Harvard University and Boston Children’s Hospital).

“I welcome this extraordinary team of scientific and business leaders to our internal leadership, board, and SAB, who bring deep expertise and complementary perspectives across biology, technology, partnering, and translational medicine,” said Dr. Xu. “Each of these leaders shares our ambitious goal of pushing the molecular frontier to deliver better therapies to patients, and their combined expertise will accelerate the process of taking each idea to regulatory approval.”

About Fathom Therapeutics

Fathom Therapeutics is a drug design company that uses physics-based simulations and AI to model protein motion and interactions at atomic resolution. Its Microcosmos platform simulates protein dynamics, producing the data needed to design small molecules with differentiated therapeutic effects and reduced off-target risk. The company has an active internal pipeline, multiple discovery partnerships, and has advanced its lead program into animal efficacy studies. Fathom was founded by the team behind the Anton supercomputer and the most widely used software for predicting protein-drug binding. The company is headquartered in New York, with a second office in Boston.

Media contact:
Ryan Flinn
In Like Flinn Communications
[email protected]

SOURCE Atommap Corporation

LG NOVA LAUNCHES ‘ELEVATE WV’ TO ACCELERATE NEXT-GENERATION VENTURE BUILDING, ECONOMIC REVITALIZATION IN WEST VIRGINIA

New venture-building program unites entrepreneurs throughout Appalachian Region with LG NOVA’s innovation ecosystem to create high potential growth businesses in Healthtech, Cleantech and Transformational Tech

News Summary:

  • LG NOVA, LG Electronics’ North America Innovation Center, is launching “Elevate WV,” a structured venture-building program designed to transform startups and entrepreneurs across the region into the next-generation, globally scalable AI-first businesses.
  • As a key program milestone, LG NOVA will host the Elevate WV Challenge Competition, a live pitch competition featuring five West Virginia entrepreneurs, during Bridging Innovation Week on April 29.
  • Winners of the Challenge Competition may advance into LG NOVA’s full venture-building program, with a pathway to create new businesses with the potential opportunity to become an LG NOVA venture portfolio company.
  • Elevate WV is a pillar of LG NOVA’s strategic initiative in West Virginia, aimed at building a thriving “Innovation Corridor” to support economic growth in throughout the region.

MORGANTOWN, W.Va., April 27, 2026LG NOVA, the North America Innovation Center for LG Electronics, today announced “Elevate WV,” a structured program designed to propel startups and entrepreneurs in the Appalachian region toward building next-generation AI-first companies competing and scaling on a global stage. To mark the official start of the program, LG NOVA is hosting a live pitch competition at Bridging Innovation Week on April 29, 2026. Five unique West Virginia entrepreneurs have been hand-selected to take the stage to present their ideas for new ventures, competing for the opportunity to advance into LG NOVA’s full venture-building program and the potential opportunity to become an LG NOVA venture portfolio company.

Selected challenge winners may have the potential opportunity to transition into LG NOVA’s structured incubation program,  a 9-to-12-month process designed to develop pre-seed startups into unicorn-scale AI-first businesses in high-impact sectors where AI creates significant value, drives major changes in industries and society and solves real-world problems across the fields of Healthtech, Cleantech and Transformational Tech, multi-sector disruption-ready markets in enterprise and consumer industries.

“West Virginia is home to passionate entrepreneurs who are ready to build the future and make a difference in their communities,” said LG NOVA head Dr. Sokwoo Rhee, Corporate Executive Vice President for Innovation at LG Electronics. “Elevate WV brings the full power of LG NOVA’s global ecosystem, including our advisors, our investor network, our technology resources and our proven venture-building model, directly to this community. Our challenge competition shows that West Virginia’s entrepreneurial talent is ready to compete on a global stage.”

Through the program, entrepreneurs may have access to:

  • Non-Dilutive Funds: Selected startups/entrepreneurs may receive funds to continue developing their business and support PoC projects and MVP development, granted at specific stage gates.
  • Access to Top-Tier Advisors: Hands-on coaching from industry experts with proven startup exit experience in AI, Cleantech and Healthtech.
  • Silicon Valley Ecosystem Collaboration: Direct collaboration with LG NOVA’s global startup network to build scalable business models.
  • Go-To-Market Support: GTM toolkit plus visibility at CES and LG NOVA Innovation Summit Program.
  • West Virginia Ecosystem Integration: Active partnership with local organizations to support West Virginia founders from ideation to commercialization.

Elevate WV Challenge Competition: Celebrating WV Bridging Innovation Week
The challenge competition brings together five entrepreneurs who have spent the past several months developing and refining unicorn-scale business proposals. The event will serve as both a celebration of West Virginia’s growing startup ecosystem and a competitive pitch forum, with participants presenting their ventures to a panel of judges and stakeholders from across the innovation community. The winners will be announced at Bridging Innovation Week’s awards banquet the same evening.

A Strategic Partnership for Regional Transformation
Elevate WV is a core element of LG NOVA’s broader strategic collaboration with the State of West Virginia, which encompasses four core initiatives: the establishment of an LG NOVA Innovation Center in West Virginia, a global growth initiative to expand access to capital and pilot opportunities, driving high-tech job growth through commercial activity and strategic partnerships and an ecosystem expansion effort that includes the Elevate West Virginia Challenge Competition and  scale-up support for startups in the state and beyond. Together, these initiatives are designed to lay the foundation for a thriving “Innovation Corridor” across the Appalachian region – one that creates lasting, generational economic growth opportunities.

Eligibility for Elevate WV
Elevate WV is open to pre-seed-stage startups and entrepreneurs who are headquartered in or maintain a primary office in West Virginia and are building AI-first software solutions in Healthtech, Cleantech and Transformational Tech with the potential for global scale. Intellectual property brought into the program remains the participant’s property. For more information, please visit www.lgnova.com/elevate-wv.

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About LG NOVA
LG NOVA, the North America Innovation Center for global innovation leader LG Electronics, is a team focused on delivering new experiences powered by AI, built from collaboration with innovators across the ecosystem. LG NOVA is based in Santa Clara, Calif, with a branch office in Morgantown, WV. The center’s mission is to fuel innovation for LG and its partners by creating and launching new AI-first ventures to become the next growth engine for LG. Learn more about LG NOVA at www.lgnova.com.

About LG Electronics USA
LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a smart life solutions company with annual global revenues of more than $60 billion. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com.

Media Contacts:

LG Electronics USA
Linda Quach
+1 408 903 3045
[email protected]

SOURCE LG Electronics USA